10 RICHEST MUSICIANS IN AFRICA & NET WORTH 2020 [Forbes Ranking]

Recently, African musicians have been making the symbol of excellent and wealth, considered opulent, affluential, and also rated as an A-list artist on the global scene, not because of the acceptability of their musical prowess, but the ability to turn the financial table of the event around. The recent ranking of African richest musician by Forbes international for the year 2020 is a confirmation of such testament. 

Not only is African musicians blessed with lyrics, rhythms, beats, and vibes that makes their album such entertaining to the listening pleasure of the entertained, but the wild acceptance across the shores of the oceans is something worthy of observation, for the wider your album goes, the more money you are likely to make.

These imply the richest African musicians have most of their album aired across many continents of the world, most especially in the United States and also in the United Kingdom.

The fortunate thing to reckon with is that Nigerian artist is never left ashore among the top 10 richest African musicians, they dominate the list descriptively, but their wealth accumulation is not equivalent to the first African richest musician. Weird, you say!! 

The standard of measurement for being successful in the music industry globally is wealth and fame; some are fortunate to make the peak, while most are unfortunate and therefore frustrated in the journey of creating an imprint with their name in the hallmark of being among the richest musician in Africa. 

Who is the Richest Musician in Africa? The likes of A-list Nigerian hip-hip artists like Wizkid, Don Jazzy, and Davido featured in the list of richest musicians in Africa, as well as the Ghanaian rapper, Sarkodie. The legendary international African-American rhythm and blues singer, Akon net worth in Africa is due to many works, stress, shows, videos and many more. Akon top the featured, as well as the South Africa Musician and DJ, Nkosinathi Maphumulo, whose stage name is Black coffee. Let’s see the top 10 richest musicians in Africa 2020;

TOP 10 RICHEST MUSICIANS IN AFRICA

Who is the richest musician in Africa 2020? If you have been asking who the richest musician in Africa is, then we have the list here for you. The following are The Top 10 Richest Musicians In Africa and their Net Worth;

• Akon ($85 Million)
• Black Coffee ($60 Million)
• Wizkid ($20 Million)
• Davido ($19 Million)
• Don Jazzy ($18 Million)
• Sarkodie ($7 Million)
• Tinashe ($6 Million)
• Hugh Masekela ($1.5 Million)
• Jidenna ($1 Million)
• Tuku ($1 Million)

This article will feature only the top 10 African richest musicians among the list of African Musicians on the continent, as well as their present net worth for the year 2020. This list consists of the best musicians in Africa. See the richest musician in Africa 2020.

1. AKON – (NET WORTH $85 MILLION)

Full name: Aliaune Damala Bouga Time Puru Badara Akon Thiam.

Stage name: Akon 

Birth Date: 16th April 1973.

Present Net Worth: $85 Million

Profession: Actor, Businessman, Rapper, Record Producer, Singer

Originality/ Nationality: Senegal/United States

Record Label: Konvict Muzik

Over several years, Akon had been labeled as the African richest musician, the best musician in Africa and among the world’s most acclaimed musicians, Akon was born at St. Louis hospital, Missouri, in 1973, is of Wolof descent (the Wolof are an ethnic from Dakar in Senegal.) The Senegalese hip-hop, Solo, and rhythm and Blues artist rose from obscurity into limelight after the release of his first single “Locked Up” from his debut album, Trouble, in 2004.

Apart from being a world-class singer, he is also an artist, songwriter, record producer, and the C.E.O. of Konvict Muzic. Akon has dignified his music gallery with a total of 45 Billboard Hot 100 songs. He accrued most of his wealth from the musical sales of his album, which push the sales of over 35 million worldwide, as well as several endorsement deals, plus other investments have risen to the top of the list. No hesitation over the continually swirls of his fame globally.

Furthermore, as a result of his meritorious contribution to the entertainment industry at large, he has appeared in remarkable national and international award nominations – notably been nominated for a total number of five times on the Grammy Award nominations list. Akon net worth 2020 Forbes list shows he truly deserves es the NO1 spot as his fame and immense success in his musical career distinguish him as the richest musician in Africa. 

2. BLACK COFFEE – (NET WORTH $60 MILLION)

Name: Nkosinathi Innocent Maphumulo

Stage name: Black Coffee 

Birth Date: 11th March 1976

Present Net Worth: $60 Million

Profession: D.J. and record producer

Nationality: South Africa

Record Label: Soulistic Music

Forbes recognizes Nkosinathi Maphumulo as the richest South Africa musician, which concurrently ranks as the second richest African musician at present. In March 1976, Black Coffee was born in Durban in KwaZulu Natal, grew up in the Eastern Cape in Mthatha before moving back to Durban to study music at Natal Tech, where he majored in Jazz. As a musician, DJ, record producer, and the C.E.O. of his record label, Soulistic Music Record Label, the South African musician worth an estimated $60 million.

Most Nigerian might flag him nameless amidst populous African musicians, but be informed that he’s one of the most prominent music producers that Africa produces, for those at the music and entertainment industry can justify this fact. 

Black Coffee net worth 2020 according to Forbes cant be questioned as we are going to see how the star journeyed in the music world.

Black Coffee came into limelight after partaking in the 2004 Red Bull Music Academy hosted at Cape Town. The skillfulness and creativity of Black Coffee are particularly appealing to the electronic music fan. In September 2015, he was awarded “Breakthrough D.J. of the Year” in Ibiza. This is one of the numerous awards engrafted with this outstanding music producer, though most people still argue about black coffee 2020 net worth ratings.

3. WIZKID – (NET WORTH $20 MILLION)

Name: Ayodeji Ibrahim Balogun 

Stage name: Wizkid / StarBoy

Birth Date: 16th July 1990

Present Net Worth: $20 Million

Profession: Singer, songwriter.

Nationality: Nigerian

Record Label: Starboy; ‎R.C.A.‎; ‎Sony

Wizkid is the 2nd best musician in Africa, the richest Nigerian musician who also is the third richest musician in Africa. As he stuck his name on the richest musician in Nigeria 2020 Forbes list then we need to tell you about this great icon.

Wizkid started his musical career in 2001 when he was 11 years of age when the group of five that he and his friend created to release a collaborative album.

The self-acclaimed StarBoy, which doubled as his record label name, came into limelight after releasing a lead single tagged “Holla at Your Boy” from his debut studio album Superstar in 2011.

Ayodeji Ibrahim Balogun makes an international recognition after his collaboration with Drake on the global hit, “One Dance,” which is top-rated in about 15 countries. Wizkid had in his collection numerous awards and nominations from home and abroad, among other awards, won the award for Next Rated at The Headies 2011. 

The talented Afrobeats superstar in 2019 made numerous money moves, especially the recent deal the supermodel had with the United Bank for Africa Plc (U.B.A.), which pockets over One billion dollars for the “Manya” hitmaker.

Africa’s hottest hip-hop stars sold out his ticket for his Afro Republik concert hosted at O2 Arena at London, thus implying over 20,000 fans being entertained by his songs for the one-night show. Starboy is also the brand ambassador for Popular Vodka brand, M.T.N., G.L.O., Pepsi, Guinness, and customized Ciroc.

Wizkid net worth 2020 Forbes rating can’t be questioned as most music lovers expect him to be richer than Davido, though some still feel they are within the same range. 

4. DAVIDO – (NET WORTH $19 MILLION)

Name: David Adedeji Adeleke 

Stage name: Davido

Birth Date: 21st November 1992

Present Net Worth: $19 Million

Profession: Singer, songwriter, record producer.

Nationality: Nigerian

Record Label: D.M.W., R.C.A., Sony

The self-acclaimed “Omo Baba Olowo (O.B.O.)” American-Nigerian singer, songwriter and record producer make the list of the Forbes list of Africa’s richest artists. Being 2nd richest in Nigeria, and 4th in Africa. As one of the hottest Nigerian pop stars who has been ranked high on the international floor, courtesy through the influence of his spectacular release – Dami Duro, which jerk his musical career into the success pathway in 2011, after which he had produced songs for other top artist like Naeto C, Skales, Tiwa Savage, Sauce Kid and others

David Adedeji Adeleke lineage is a wealthy one, which is the bedrock for his famous moniker O.B.O., but maintained that his wealth is self-made, which is a product of dynamic presence in the world of music. Davido have over the year won many international and local awards to his name in the likes of The Headies Awards. The D.M.W. boss, Baddo, is a brand ambassador to many global and domestic companies like Infinix, Globacom, Guinness Drink, AccessBET, and others.

5. DON JAZZY – (NET WORTH $18 MILLION)

Name: Michael Collins Ajereh 

Stage name: Don Jazzy 

Birth Date: 26th November 1982

Present Net Worth: $18 Million

Profession: Nigerian Record Producer, Singer, Songwriter, and Entrepreneur.

Nationality: Nigerian

Record Label: Mavins Record Label

Michael Collins Ajereh, popularly address by friends and associate as Don Jazzy, No 5 on the lists among the richest African musician and the third richest musicians in Nigeria. Don Jazzy is the сhаіrmаn оf Маvіnѕ Rесоrd Lаbеl, and also as a renowned hip hop artist, songwriter, record producer, as well as an entrepreneur. As other A-list artist, Don Jazzy is thе brаnd аmbаѕѕаdоr fоr Lоуа Міlk аnd Ѕаmѕung.

Don Jazzy is the co-founded Mo’Hits Records, the record firm which is a partnership deed between him, D’banj, and Wande Coal, which meet his waterloo due to managerial issues, thus leading to his establishment.

Don Jazzy began music at childhood and gave it wholeness into it, which made him relocate to Britain, where he proceeded with his career in music. Don Jazzy holds numerous Awards and had helped many talented artists like Korede Bello, Tiwa Savage, among others, in achieving their musical vision a reality.

6. SARKODIE – (NET WORTH $7 MILLION)

Name: Michael Owusu Addo 

Stage name: Sarkodie

Birth Date: 10th July 1985

Present Net Worth: $7 Million

Profession: Music Artiste / Rapper 

Nationality: Ghana

Record Label: Sarkcess Music 

Sarkodie has his name listed with Forbes as one of the richest African musicians, the richest Ghanaian musician, and the continent rapper. Sarkodie has reached an unparalleled milestone in Ghana, where he was awarded as a youth ambassador, and reckoned as the pioneer behind Ghana’s contemporary music. He is the C.E.O. of Sarkcess Music record, Sark Clothing, and the forerunner Sarkodie Foundation.

Sarkodie net worth 2020 has been proved to be $7 million based on the significant number of YouTube followers he has been able to attract over the years, giving him the leverage to join the likes of Akon, Davido, and the rest of the A-List musicians in the continent.

7. TINASHE – (NET WORTH $6 MILLION)

Name: Tinashe Jorgensen Kachingwe 

Stage name: Tinashe 

Birth Date: 6th February 1993

Present Net Worth: $6 Million

Profession: Model, Songwriter, Film director, Film Producer, Record producer, Singer-songwriter, Voice acting, Dancer, Multi-instrumentalist

Originality/Nationality: Zimbabwe/United States

Record Label: R.O.C. Nation, R.C.A.

Tinashe net worth 2020 according to Forbes sounds strange to most people as they don’t even know much about her. Tinashe is the first female African to be featured in the Forbes list of the richest African musician and this is why we need to talk about Tinashe net worth. Tinashe started her carrier as a model as a kid, later featured in some award-winning movies like Akeelah and the Bees and others. 

The gorgeous and top-rated talented American singer, whose lineage runs down the African descent from the Shona ethnic group of Zimbabwe shone as the new star of the music industry and collaborated with many celebrities. One surprising fact is despite her age, she had several brand ambassador endorsements, making her immensely successful and wealthy in her musical career.

8. HUGH MASEKELA – (NET WORTH $1.5 MILLION)

Name: Hugh Ramapolo Masekela

Stage name: Hugh Masekela 

Birth Date: 4th April 1939

Present Net Worth: $1.5 Million 

Profession: Composer, Singer, Trumpeter, Flugelhornist

Nationality: South Africa 

Record Label: Mercury, M.G.M., Uni

Hugh Ramapolo Masekela is the second richest artist in South Africa to be featured among the Forbes listing of the richest artist in Africa. Hugh Masekela rocks South Africa’s music industry with constant releases.

He worked productively in his own record company, had many honorary prizes, was nominated for a Grammy Award. Masekela regularly went on international trips and had great concerts.

9. JIDENNA – (NET WORTH $1 MILLION)

Name: Jidenna Theodore Mobisson

Stage name: Jidenna 

Birth Date: 4th May 1985

Present Net Worth: $1 Million

Profession: Singer, Record producer, Songwriter, Rapper.

Originality/Nationality: Nigerian/American

Record Label ‎: ‎Fear & Fancy; Wondaland; ‎Epic.

Jidenna Theodore Mobisson is the 4th Nigerian on the Forbes list of the top 10 richest African musicians, with stage name Jidenna. The Nigerian-American rapper, singer, songwriter, and record producer. Jidenna was born in Wisconsin to a Nigerian father and an American mother.

With a net worth of $1 million, which was the money earned from his hit tracks singles he released in 2015, which invariably promoted Janelle Monae label Wondaland Records. At a tender age, he was enthusiastic about making music his path into the limelight.

10. TUKU – (NET WORTH $1 MILLION)

Name: Oliver Mtukudzi

Stage name: Tuku

Birth Date: 22nd September 1952

Present Net Worth: $1 Million

Profession: Singer, Actor, Script Writer.

Nationality: Zimbabwe 

Record Label: Sheer Sound 

Oliver Mtukudzi is a born singer whose beautiful songs have been welcomed with intense support and ardor from the international audience, with 65 albums sang to his name making him Zimbabwe’s most successful and internationally renowned musician, with an estimated net worth of $1 Million.

Conclusion On the 10 Richest Musicians In Africa

One of the constant things in life is change; the listing and delisting of Forbes’ top 10 richest African Artist of the continent will ever be dynamic. As state by the late legendary popular afrobeat make, Fela Anikulapo Kuti, who in his belief said music is a spirit, as well as its affair is.

Getting to the top of the ladder requires more than good vibes and lyric, but the combination of the invisible with the visible.

This article aimed at educating you about the African richest musicians in the current year 2020 and should not be as a yardstick to look down on other artists, who are yet to make a list. Only time will tell if they will and not you!

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TOP 10 RICHEST MUSICIANS IN AFRICA

• 1. AKON – (AKON NET WORTH $85 MILLION)
• 2. BLACK COFFEE – (BLACK COFFEE NET WORTH $60 MILLION)
• 3. WIZKID – (STARBOY NET WORTH $20 MILLION)
• 4. DAVIDO – (OBO NET WORTH $19 MILLION)
• 5. DON JAZZY – (DON JAZZY NET WORTH $18 MILLION)
• 6. SARKODIE – (SARKODIE NET WORTH $7 MILLION)
• 7. TINASHE – (TINASHE NET WORTH $6 MILLION)
• 8. HUGH MASEKELA – (HUGH MASEKELA NET WORTH $1.5 MILLION)
• 9. JIDENNA – (JIDENNA NET WORTH $1 MILLION)
• 10. TUKU – (NET WORTH $1 MILLION)